SBI To Launch 0% Fee Zero Can Fund For Kodomo NISA
A zero trust fee on a Kodomo NISA vehicle sets the price at the floor before the children's account system even opens, while the general investor version is priced at 0.055%, drawing the line between the two customer groups by cost rather than by product.
Reporting from 1 source: ASCII.jp.
SBI Global Asset Management announced on October 1 that its subsidiary SBI Asset Management will launch the SBI Zero All Country Index Fund, nicknamed Zero Can, on November 17. The trust fee is 0.00% per year, and the fund tracks the MSCI All Country World Index. It is sold only for the Kodomo NISA starting in January 2027. A separate all country fund for general investors carries a 0.055% annual fee.
Zero Can cannot be bought before the Kodomo NISA system starts. The account program begins in January 2027, and the fund launches on November 17 with an annual trust fee of 0.00%. The index it tracks is the MSCI All Country World Index.
Zero fee does not mean zero cost. Audit fees, brokerage commissions, and custody fees for foreign-currency assets are charged separately, so they are not deducted from the fund. The general investor fund launching at the same time carries a 0.055% annual trust fee and is set to be eligible for both the growth investment quota and the installment investment quota.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.